Book Marketing Recap – Part 2 Marketing Methods

A few weeks ago, I was the moderator for a great #smchat conversation on book marketing and publishing. There were so many insights that not only was I able to compile one post-chat blog post, I created TWO! The first half of the chat was on book publishing and the post below contains some of the book marketing insights I learned from the lively #smchat discussion:

Q4 You’ve written a book-now what? Do you need special book marketing skills? What role does social media play?

@JimKukral: Book marketing starts at book conception. BEFORE it’s written.
@WhereitBlooms: But SM does help in determining your audience. Is there a need for the book? Who will have interest?
@ambercleveland: A4. Tons of book marketing resources available, do your homework. Social media plays a huge role, gives audience access to authors

Q4b: How soon should you begin promoting your book before it is finished & is it possible to promote “too early”? @akstout18 asks, “Is there a risk in letting ppl know about your book idea before it’s finished?”

@thehealthmaven: Use SoMe to find out where your target market is & what they are taking about, build & leverage tribes before book comes out
@AndreaPatten: Non-fiction gets submitted as a proposal. fiction needs 2b complete
@novelpublicity: For fiction, you definitely want a completed and polish manuscript before submitting. Nonfic has different rules
@CreativeSage: For non-fiction, submit an outline + 3 chapters and your marketing position (after your research) to agent/publisher (cont.) For novels/memoirs, the writing is more key, often need to finish book & get editor before submitting manu.
@JimKukral: Nobody is going to steal your idea. Block and tackle. Ideas are worthless, implementation is everything
@novelpublicity: New authors often worry about ideas being stolen. Once you see how hard it is to sell an idea, you’ll get over that 😛

Q5 Videos, TV spots, print and online display ads – what’s the most inventive way you’ve seen a book marketed?

@ambercleveland: A5. Use a QR code on your business card that takes them to your site where they can purchase your book
@CreativeSage: Inventive video “trailers” & author interviews; integrated approach w/ social media, PR, targeted mktg, crowdsourcing
@novelpublicity:Do you see the little button on my Twitter avatar? That’s called a PicBadge, and it’s another creative marketing tactic (cont.) PicBadges are all about solidifying your brand – keep a primary author page, integrate book in picbadge (cont.) I actually blogged about that today with a step-by-step guide on how to create a PicBadge for your book > http://t.co/DIP2u4CN
@tcgagency: Q5 Sending advanced copies to a small group of people and asking them to leave an Amazon review, good or bad.
@sharonmostyn: A5 I love book trailers! Author @ToniMcGeeCausey talks about them here http://t.co/WuNE0TIn

(cont.) Also interesting when authors interviewed-ex. @barbaravey interview of Tori Carrington http://t.co/N5cWerOl (cont.) Also love videos by fans/friends about #books, like this by @shelleyryan http://t.co/n91EgOL0 for @thecontentrules
@novelpublicity: Create a truly engaging book trailer, then purchase PPC advertising on YouTube. I’m doing that with > http://t.co/VyS53lLU
@ProminencePR: The hangout feature on google + is really great. You can invite key people that you want to network with.
@LarsDHHedbor: What’s the best way to reach out to book clubs? GoodReads presence? Amazon Author pages? Other?
GoodReads.com got a mention by several of our participants, one going so far as to say it is “is the single most important site for writers, even more so than Twitter and Facebook.”

If you are really interested in the book marketing topic, @ambercleveland recommends #BookMarketChat with @ClaudiaC Thursdays at 4PM ET. And we’ll end with this reminder from @JimKukral: Nothing can happen until you write something. Get to work.

Don’t Put All of Your Eggs In One Basket

Easter Bunny says, "Don't put all of your eggs in one basket!"
The Easter Bunny says,

The topic of the first Twitter chat that I moderated was Jack of All Trades or Master of One. You can read more about it here. This past weekend was Easter, and even though the kids are growing up, the Easter Bunny was still hopping!

That combination made me start to think about the way some companies put all of their budget into one channel. During #SMchat, the focus was on individual growth rather than corporate, but the general consensus was that in order to grow you needed to have experience in more than one area of marketing. If it makes sense for the marketer to diversify, it should also work for the companies that they represent, right? That’s why it is surprising to me that so many companies don’t make use of all of the online and offline marketing venues that are available. The explanation that I’ve heard is that there is not enough money in the budget to cover all of the media channels. My response to that is you’re doing your company an injustice if you don’t test every available area of marketing. You never know what will work best for your company without testing.

Testing marketing channels can be done relatively inexpensively, and once you have proven ROI you can determine how much more you can spend in that media. For example, I have worked for several companies who felt that TV is too expensive for their budgets, but I’ve run national DRTV (direct response television) tests that cost far less than what they’re spending on PPC SEM (pay-per-click search engine marketing) campaigns and bring in more revenue for the money spent, plus have the advantage of reaching offline viewers that may not see your ads online.

Another really great marketing channel to test is affiliate marketing. Affiliate marketing is wonderful because there are so many options and it is the most easily tracked – you can pay for the click, the sale, or even the phone call if you convert better over the phone than online.

Email traditionally has the highest ROI of any marketing channel but you need to test email marketing to see how it works for your company, plus you need to build your email list organically in order to have email perform at the levels it is capable of producing. You won’t get those high ROI numbers on a rented list.

Social media is the “new kid” and people are having difficulty determining ROI from Twitter, Facebook, YouTube, and the other social media venues. I see social media as the glue that brings the company and the customer together. You need to be where your customers are – and more and more people are on social media sites than any other with the exception of Google.

Do you agree – should your marketing budget be spread across multiple channels or should you focus on one aspect of marketing in order to spend your budget wisely? Please comment below to let me know!

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